market research

Iris Recognition Market to See CAGR of 21 Percent Through 2021: Technavio

Iris Recognition Market to See CAGR of 21 Percent Through 2021: Technavio

The global iris recognition market will grow at a CAGR of 21 percent between this year and 2021, according to a new market forecast from Technavio. Entitled, ‘Global Iris Recognition Market 2017-2021’, the report comes amid growing excitement around iris recognition in the mobile sector. Samsung has proven to be a champion of the technology,…

Global Healthcare Market to Reach $12B by 2025: CMR

Global Healthcare Market to Reach $12B by 2025: CMR

The global healthcare biometrics market will reach a value of $12 billion by 2025, according to a new forecast from Crystal Market Research. Entitled, ‘Healthcare Biometrics Market by Technology, Application, and End User – Global Industry Analysis and Forecast to 2025′, the report points to multiple factors driving this growth. A big one is the…

Automotive Biometrics Market to Reach $969 Million by 2023: Goode Intelligence

Automotive Biometrics Market to Reach $969 Million by 2023: Goode Intelligence

The automotive biometrics market will reach a value of $969 million by 2023, according to a new report from Goode Intelligence. Entitled, “Biometrics for the Connected Car; Automotive Biometrics Market Analysis & Forecasts 2018-2023”, the report asserts that this value will reflect a CAGR of 96 percent over the forecast period. In a statement announcing…

Biometrics in Education Sector to See 26 Percent CAGR to 2021: Technavio

Biometrics in Education Sector to See 26 Percent CAGR to 2021: Technavio

The educational sector of the global biometrics market is poised to see annual growth of 26 percent between 2017 and 2021, according to a new report from Technavio. Several factors are going to drive this growth. In the APAC region and the GCC countries, biometric technologies are increasingly seen as a part of general infrastructure…

Shift to Cloud-Based Biometrics is Coming: Acuity

Shift to Cloud-Based Biometrics is Coming: Acuity

“Proponents of on-device biometric authentication argue that server-side systems are vulnerable to breaches, but Most says these concerns ‘have been sensationalized.’” Cloud-based biometric authentication is emerging as a key trend in digital services, argues a new white paper from Acuity Market Intelligence. The trend will be particularly important for financial services organizations, who ignore it…

Vein, Iris, and Facial Recognition Seeing Strong Adoption Across Industries: Report

Vein, Iris, and Facial Recognition Seeing Strong Adoption Across Industries: Report

While fingerprint recognition has tended to see strong growth and revenues in the past, new biometric modalities like vein, iris, and facial recognition are seeing “strong adoption across industries,” according to Frost & Sullivan TechVision Senior Industry Analyst Swapnadeep Nayak. That’s one of the key findings in Frost & Sullivan’s new report, “Cybersecurity Innovations in…

Fingerprint Biometrics Market to See 12% CAGR Through 2021

Fingerprint Biometrics Market to See 12% CAGR Through 2021

The global fingerprint biometrics market will grow at a CAGR of almost 12 percent over the next few years, according to a new report from Technavio. The market research firm says that the government sector in particular is showing strong demand for the technology due to the need for strong authentication and to fight crime.…

Biometric Tech Comprised 67 Percent of Digital Door Lock Market Last Year: TMR

Biometric Tech Comprised 67 Percent of Digital Door Lock Market Last Year: TMR

Biometric technology is increasingly standard fare in digital door lock systems, suggests a new publication by Transparency Market Research. The firm has released a new report looking at the overall ‘Digital Door Lock Systems Market’, in which it asserts that biometric door lock systems accounted for 67 percent of the market last year. In 2025, such…

Rising Tide of Mobile Fingerprint Scanning Lifts All Ships: ABI Research

Rising Tide of Mobile Fingerprint Scanning Lifts All Ships: ABI Research

The rapidly ascending popularity of mobile fingerprint scanning is helping to lead growth in numerous other areas, says ABI Research. Reporting on findings from its Biometric Technologies and Applications publication, the market research firm says that by 2022, fingerprint sensors will reach a 95 percent penetration rate of the smartphone market. That echoes a forecast…

Mobile and Wearable Biometrics Markets To Exceed $6.2 Billion by 2022: Goode Intelligence

Mobile and Wearable Biometrics Markets To Exceed $6.2 Billion by 2022: Goode Intelligence

The mobile and wearable biometric authentication markets will reach a combined value exceeding $6.2 billion by the year 2022, according to a new report from Goode Intelligence. Entitled Mobile & Wearable Biometric Authentication Market Analysis and Forecasts 2017-2022 (third edition), the report also predicts that more than 3.3 billion users will be reaping the benefits of…

TMR Report Details Continuing Ascent of Military Biometrics Market

TMR Report Details Continuing Ascent of Military Biometrics Market

Concerns about terrorism continue to drive the military biometrics market, with growing demand from the Asia Pacific region, according to a new report from Transparency Market Research. While concerns about terrorism have been a key market driver for many years, they’re now being exacerbated by mass migration, with several countries “reeling under increased distress over…

Enterprise Cloud Computing Driving Demand for IDaaS: Report

Enterprise Cloud Computing Driving Demand for IDaaS: Report

The enterprise sector’s growing use of cloud computing is driving demand for Identity as a Service (IDaaS) solutions, according to a new report from Frost & Sullivan’s TechVision unit. The firm’s new report, Technologies Empowering Future of Identity Management, argues that identity and access management (IAM) challenges “are more business-centric than technology-centric,” as it puts…

eID Market to Generate $54M in Revenues by 2021: Acuity

eID Market to Generate $54M in Revenues by 2021: Acuity

The worldwide national electronic ID market will produce more than $54 billion in revenues between 2016 and 2021, according to a new forecast from Acuity Market Intelligence. The firm’s report, The Global National eID Industry Report: 2017 Edition, predicts that during that same period, the number of countries issuing eID cards will rise from 124 to…

Global Biometrics Market to Reach $59.3B by 2025: Grand View Research

Global Biometrics Market to Reach $59.3B by 2025: Grand View Research

The global biometrics market will reach a value of $59.31 billion by the year 2025, according to a new report from Grand View Research. The prediction anticipates a period a substantial growth from Grand View’s estimated $10.41 billion valuation of the market in 2015. Grand View says the growth will be driven primarily by consumer electronics,…

APC, ABC eGate Tech to Bring Revenues of $1B+ by 2020: Acuity

APC, ABC eGate Tech to Bring Revenues of $1B+ by 2020: Acuity

“Acuity predicts that growth [in the APC Kiosk market] will once again pick up steam over the next couple of years as the technology expands in Asia, Europe, Latin America, and the Middle East.” “As the Trump administration doubles down on immigration restrictions and promises of ‘extreme vetting,’ the reality is that biometrics are used…

Biometrics Market to See $10.72B in Revenues by 2022: Report

Biometrics Market to See $10.72B in Revenues by 2022: Report

The global biometrics market will reach total revenues of $10.72 billion by 2022, according to a new report from Allied Market Research (AMR). The firm says this will reflect growth of 19.4 percent (CAGR) between 2016 and 2022. Looking to regional growth, North America produced the highest revenue in 2015, followed by Europe and the…

Biometric Smartphone Market Saw Massive Growth in 2016

Biometric Smartphone Market Saw Massive Growth in 2016

The biometric smartphone market saw growth of over 100 percent last year, according to a new report from Acuity Market Intelligence. In January of last year, there were about 200 biometric smartphone models on the market; now, there are 549, according to the firm. Almost a billion such phones are in use around the world,…

News Roundup: Fingerprints, FinTech and Healthcare

News Roundup: Fingerprints, FinTech and Healthcare

Last week at FindBiometrics fingerprint biometric upgrades and integrations took the spotlight while FinTech, contactless modalities, and healthcare biometrics rounded out the industry news coverage. Here is a look back on last week’s top stories in global identity management: Samsung Samsung Electronics was named among the world’s best brands last week as the clock ticked…

Global Healthcare Biometrics Market Will Continue to Surge: Report

Global Healthcare Biometrics Market Will Continue to Surge: Report

The global healthcare biometrics market will continue to expand dramatically, according to a new forecast from Grand View Research. The firm says the market will reach a value of $11.7 million by the year 2024. In a statement announcing its predictions, Grand View Research credited the growth to a “surge” in demand thanks to “the…

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